Bond IBRD-Global 8.5% ( XS2382247307 ) in AUD
Issuer | IBRD-Global |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 8.5% per year ( payment 1 time a year) |
Maturity | 01/09/2023 - Bond has expired |
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Minimal amount | / |
Total amount | / |
Detailed description |
The International Bank for Reconstruction and Development (IBRD) is an international financial institution that offers loans and advice to middle-income and creditworthy low-income countries for development projects. An Australian Dollar (AUD) denominated bond, identified by ISIN XS2382247307, recently reached its maturity on September 1, 2023, and has been fully redeemed at 100% of its principal value. This fixed-income instrument was issued by the International Bank for Reconstruction and Development (IBRD), a crucial component of the World Bank Group renowned for providing financial and technical assistance to developing countries worldwide with the aim of reducing poverty and supporting sustainable development. Originated from the United States market, the bond featured a substantial annual interest rate of 8.5% and had a payment frequency of one per year throughout its tenure. |